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Explain and illustrate each of the following statements using supply-and demand diagrams. Show the impact on equilibrium price and quantity. i. Laptops - There is

Explain and illustrate each of the following statements using supply-and demand diagrams. Show the impact on equilibrium price and quantity. i. Laptops - There is increased access to wireless technology and lighter weight products are available. Microchips a component of laptops are cheaper as new technology has come online

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